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Prepayment - extra monthly payments

At a certain moment you decide to review the loan payment to reduce interests. You have no sufficient resources to resolve the outstanding balance at once, but have a portion that can increase the value of quotas, to reduce the loan length and interests.
If you prefer to simulate a balloon payment for an existent loan, calculate the loan balance and see the alternatives for an agreement.
Enter data using the point as a decimal separator. Ex 2,533.34 enter: 2533.34 and the results will be displayed automatically after you click "Calculate".

Prepayment - extra monthly payments
Loan amount:
Term in month:
Monthly interest rate:
Extra montlhy payment:
Original monthly payment:
New monthly payment:
Total interest saved:
Total payments:

Note: The accuracy of the calculator and its applicability to particular cases is not guaranteed. The assistance, customized by qualified professional is recommended.

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